News

Musk's xAI extends deadline and ups yield on bonds following lukewarm demand, source says
Elon Musk's xAi extended the deadline and increased the yield it is paying on a $5 billion debt sale following lukewarm ...
Musk’s xAI Sparks New EU Scrutiny Ahead of Potential X Penalty
Elon Musk’s $33 billion xAI buyout of social media platform X has sparked new scrutiny from the European Union as regulators ...
xAI faces legal threat over alleged Colossus data center pollution in Memphis
After thermal imaging appeared to show that xAI lied about suspected pollution at its Colossus supercomputer data center ...
Musk's XAi Increases Yield Offer on $5 Billion Debt Raise, Source Says
NEW YORK (Reuters) -Elon Musk's xAi is increasing the yield it is offering on a $5 billion debt raise led by Morgan Stanley, ...
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Bloomberg: xAI Burns $1B a Month, Eyes $9.3B Raise to Fuel AI Ambitions
AI infrastructure is expensive, but xAI is one of the most buzzworthy companies in a highly competitive field.
xAI is facing a lawsuit for operating over 400 MW of gas turbines without permits
The Colossus data center was allegedly operating as many as 35 gas turbines without pollution controls in a region that ...
Musk’s xAI Burning Through $1 Billion a Month as Costs Pile Up
Elon Musk’s artificial intelligence startup xAI is trying to raise $9.3 billion in debt and equity, but even before the money ...
A battle over air quality between Musk's xAI and the citizens of Memphis now looks to be heading towards the courts
The NAACP notified xAI on Tuesday of their intent to sue, alleging that the company's operation of their Colossus data centre ...